Applied Digital (APLD) Equity Average (2021 - 2026)
Applied Digital (APLD) reported Equity Average of $1.5 billion for Q1 2026, up 240.84% on a YoY basis from $444.6 million in Q1 2025, and up 21.53% quarter-over-quarter from $1.2 billion in Q4 2025.
Applied Digital (APLD) Equity Average (2021 - 2026) Analysis & Trends
Applied Digital has reported Equity Average for 6 years, with the latest figure at $1.5 billion in Q1 2026.
- For the quarter ending Q1 2026, Equity Average rose 240.84% year-over-year to $1.5 billion; the trailing twelve-month figure through Feb 2026 stood at $1.5 billion (up 240.84% YoY), and the FY2025 full-year result was $311.3 million, up 220.05% from the prior year.
- Equity Average for Q1 2026 stood at $1.5 billion, up from $1.2 billion in the prior quarter.
- The five-year high for Equity Average was $1.5 billion in Q1 2026, with the low at -$4.8 million in Q1 2022.
- Historically, Equity Average has averaged $341.2 million across 5 years, with a median of $137.1 million in 2024.
- Annual changes were most pronounced in 2022 — Equity Average jumped 20973.8% — and 2023, when it advanced 26.57%.
- Applied Digital's Equity Average stood at $74.4 million in 2022, then soared by 90.5% to $141.8 million in 2023, then surged by 138.51% to $338.2 million in 2024, then soared by 268.69% to $1.2 billion in 2025, then gained by 21.53% to $1.5 billion in 2026.
- The last three Equity Average figures came in at $1.5 billion (Q1 2026), $1.2 billion (Q4 2025), and $771.0 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Avg. (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 250,975,992.28 Bn | 250,975,991.00 Bn | 1.56 Bn | - |
| 2 | International Business Machines | 267.32 Bn | 252.39 Bn | 8.95 Bn | 32.90 Bn |
| 3 | Wipro | 138.60 Bn | 137.44 Bn | 751.00 Mn | - |
| 4 | Accenture | 109.98 Bn | 101.66 Bn | 16.30 Bn | 31.57 Bn |
| 5 | Cognizant Technology Solutions | 25.38 Bn | 23.86 Bn | 1.78 Bn | 15.04 Bn |
| 6 | Fidelity National Information Services | 21.09 Bn | 20.34 Bn | 1.11 Bn | 14.94 Bn |
| 7 | Broadridge Financial Solutions | 17.60 Bn | 17.30 Bn | 626.90 Mn | 2.85 Bn |
| 8 | Cdw | 17.16 Bn | 16.58 Bn | 1.19 Bn | 2.58 Bn |
| 9 | Leidos Holdings | 15.68 Bn | 15.27 Bn | 761.00 Mn | 4.99 Bn |
| 10 | Applied Digital | 11.17 Bn | 10.17 Bn | 53.81 Mn | 1.52 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 28, 2026 | 1.52 Bn |
| Nov 30, 2025 | 1.25 Bn |
| Aug 31, 2025 | 770.97 Mn |
| May 31, 2025 | 476.17 Mn |
| Feb 28, 2025 | 444.61 Mn |
| Nov 30, 2024 | 338.21 Mn |
| Aug 31, 2024 | 183.34 Mn |
| May 31, 2024 | 121.66 Mn |
| Feb 29, 2024 | 137.07 Mn |
| Nov 30, 2023 | 141.80 Mn |
| Aug 31, 2023 | 98.81 Mn |
| May 31, 2023 | 70.54 Mn |
| Feb 28, 2023 | 71.68 Mn |
| Nov 30, 2022 | 74.44 Mn |
| Aug 31, 2022 | 78.07 Mn |
| May 31, 2022 | 35.31 Mn |
| Feb 28, 2022 | -4.77 Mn |
| Nov 30, 2021 | -836,000.00 |
| Aug 31, 2021 | -374,000.00 |
| May 31, 2021 | -1.12 Mn |